12:22 PM EST, 11/10/2025 (MT Newswires) -- US equity indexes rose, led by gains in technology, communication services, and consumer discretionary in Monday's midday trading amid a flurry of activity to end the longest federal government shutdown in the country's history.

The Nasdaq Composite jumped 1.5% to 23,329.8, with the S&P 500 up 0.8% to 6,784.2 and the Dow Jones Industrial Average 0.2% higher at 47,068.9. All three mainstream gauges fell last week due in part to a sell-off in AI-related companies.

The Global X Artificial Intelligence & Technology ETF ( AIQ ) , with net assets of $5.98 billion and investments in firms related to AI, jumped 2% by Monday afternoon, reflecting a return of risk appetite for areas hit last week when a valuation fright gripped Wall Street. The $386 billion Invesco QQQ Trust (QQQ), a tech-heavy exchange-traded fund offering exposure to Magnificent-7 across technology and communication services sectors, advanced 1.4%.

Meanwhile, expectations grew that the government shutdown was nearing its end. GOP leaders are trying to push a funding bill as quickly as possible after the Senate took a key step last night toward reopening the government, CNN reported. Senators need to agree on how long to debate before voting on the final bill.

The CBOE Volatility Index (VIX), also known as a fear gauge for the S&P 500, fell 3.1% to 18.48.

US Treasury yields rose, with the 10-year yield up 1.9 basis points to 4.11% and the two-year rate higher by 3.4 basis points to 3.59%.

In company news, Gordon Haskett adjusted its price target for Home Depot's ( HD ) shares to $345 from $400. Shares of Home Depot ( HD ) were down 2% intraday, the Dow's steepest decliner.